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Global Economic Outlook
Canada Outlook Update: External Risks Undermine Domestic Demand
By Tetiana Sears
- Growth in 2011 will suffer as external headwinds from the weaker U.S. outlook weigh on domestic demand.
- Consumer spending and business investment will continue to be the main growth drivers, offsetting weaker net exports amid faltering external demand and softer commodity prices.
- In response, the Bank…
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